Sadhana Nitrochem Rights Issue 2024 Date, Price, Allotment, Ratio

Sadhana Nitrochem Rights issue date is fixed, the rights issue is to open on September 20, 2024 and will close on October 4, 2024. The Sadhana Nitrochem Rights issue record date is September 13, 2024. The company is to offer 82,352,818 equity shares at a price of ₹6.06 per share. The Sadhana Nitrochem Rights issue size will be ₹49.91 Crores. The entitlement ratio is 1:3, 1 rights share for every 3 fully-paid equity shares held on the record date. Check out Sadhana Nitrochem rights issue details.

Sadhana Nitrochem Rights Issue 2024

Sadhana Nitro Chem Ltd. (SNCL) formed in 1973. It’s an ISO 9001:2015 certified company dedicated to manufacturing high-quality Intermediate specialty chemicals. The company has built a solid reputation for quality products, and also providing excellent customer service for clients around the world. SNCL produces intermediates in accordance with strict quality guidelines has been the defining factor in the success of SNCL in tuning and adapting to meet the needs of customers.

The company is currently manufacturing the downstream products of Nitrobenzene along with other intermediates that are used in various applications in the fields of aerospace, pharma and agro. They also manufacture light-enhancing agents for optical brightness, plastics additives special fibers and epoxy resin hardeners the performance chemical and dyes. SNCL offers prompt and dependable service to its European clients through its 100 percent subsidiaries Anuchem b.v.b.a. located in Antwerp, Belgium. SNCL is a government-approved 2 Star Golden Export House.

Sadhana Nitrochem Rights Issue Review

  • Avoid / Risky

Sadhana Nitrochem Rights Issue 2024 Dates & Time Table

Rights Issue Open:September 20, 2024
Rights Issue Close:October 4, 2024
Rights Record Date:September 13, 2024
Last Date to Buy Shares:September 12, 2024
Deemed Date of Allotment2024
Renunciation of Rights EntitlementsSeptember 25, 2024

Sadhana Nitrochem Rights Issue 2024 Offer Details

Rights Issue Size:Approx ₹49.91 Crores
Price Band:₹6.06 Per Equity Share
Face Value:₹1 Per Equity Share
Listing on:BSE, NSE
Entitlement Ratio: 1:3 (1 rights share for every 3 shares)
Equity:82,352,818 Equity Share
Letter of Offer:Click Here
Application Form:Click Here
Live Share Price:Click Here

Sadhana Nitrochem Rights Issue 2024 Form & How to Apply

You can apply for Sadhana Nitrochem Rights Issue 2024 in two ways:

  • Net Banking (ASBA)
  • Registrar’s Website (R-WAP Facility)

Sadhana Nitrochem Financial Report

₹ in Crores
YearRevenueExpensePAT
2022₹125.65₹117.185.79
2023₹147.57₹140.514.58
2024₹192.86₹176.74₹7.41

Sadhana Nitrochem Rights Issue 2024 Allotment Status

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html

Sadhana Nitrochem Rights Issue 2024 Lead Managers

  • To Be Updated Soon

Company Address:

Sadhana Nitrochem Limited
Hira Bagh, First Floor
Kasturba Chawk(C.P. Tank)
Mumbai- 400004
Phone: 912268663300
Email: [email protected]
Website: https://www.sncl.com/

Sadhana Nitrochem Rights Issue 2024 FAQs:


When is Sadhana Nitrochem Rights Issue 2024 Record Date?

Sadhana Nitrochem Rights Issue 2024 record date is September 13, 2024.

What is Sadhana Nitrochem Rights Issue 2024 Price?

The company has fixed the price at ₹6.06 per equity share.

What is the Sadhana Nitrochem Rights Issue 2024 Ratio?

The company has fixed the ratio (1:3), 1 Rights Equity Share for every 3 Equity Shares as on record date.

How to apply for Sadhana Nitrochem Rights Rights Issue 2024?

As per the record date you need to have Sadhana Nitrochem Rights shares in your Demat account. You can participate in Rights Issue via offline form download or you can apply online via ASBA or UPI options.

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